Trinity Biotech Announces Amended Credit Agreement with Perceptive to Enhance Liquidity and Drive Transformation Plan
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Trinity Biotech has amended its credit agreement with Perceptive Advisors to improve liquidity, supporting its transformation plan and development of continuous glucose monitoring technology.
December 24, 2024 | 1:45 pm
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Trinity Biotech has secured an amended credit agreement with Perceptive Advisors, enhancing liquidity to support its transformation plan and CGM technology development.
The amended credit agreement provides Trinity Biotech with additional liquidity, which is crucial for advancing its transformation plan and developing its CGM technology. This financial support is likely to positively impact the company's stock price in the short term as it strengthens its financial position.
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